Fangdd Network Group Announces 16-to-1 Share Consolidation Effective June 2025

Reuters

28 May

Fangdd Network Group Announces 16-to-1 Share Consolidation Effective June 2025

Fangdd Network Group Ltd. announced a share consolidation, effective on or about June 6, 2025, consolidating every 16 ordinary shares into 1 ordinary share, increasing the par value from US$0.0005625 to US$0.009 per share. Following this consolidation, the company's authorized share capital will expand significantly from US$5,625,000 to US$90,000,000, with a total of 10 billion shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fangdd Network Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-047795), on May 27, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Following this consolidation, the company's authorized share capital will expand significantly from US$5,625,000 to US$90,000,000, with a total of 10 billion shares.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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